CLEVELAND, September 9, 2022 /PRNewswire/ — Key Family Wealth, the family office division of Key Private Bank’s division, has announced that it has received the 2022 Wealth management “Family Office” Industry Award, recognizing the best thought leadership in wealth management.
Key Family Wealth was selected for “Family Office Best Thought Leadership” from a shortlist of three outstanding family office firms. The award recognizes the expertise and knowledge of Key Family Wealth’s business advisory services, which have helped dozens of owners successfully transition their private businesses over the past few years.
The WealthManagement.com Industry Awards recognize companies that bring new innovations to market that help financial advisors deliver quality customer service and solutions. Winners were selected from a record 1,000 entries from over 350 companies.
A panel of independent, industry-leading wealth management experts, including trusted advisors and consultants, served as judges for the awards. The judging process is based on an evaluation of quantitative measures, including scope and scale of the initiative, as well as qualitative measures, such as innovation and creativity.
“We are honored to be recognized by WealthManagement.com for our business advisory services platform for the second consecutive year,” said Gary Jar, Executive Managing Director and Head of Key Family Wealth. “Being recognized for the quality of our business advisory services, Thought Leadership highlights the quality of our expertise and dedicated capabilities in serving first-generation entrepreneurs and their families.”
About Key Family Wealth
Key Family Wealth, the multi-family office division of Key Private Bank, is one of the largest and oldest multi-family offices in the country, managing over $16.8 billion in AUM and $6.3 billion in AAU at June 30, 2022. Key Family Wealth develops and implements impactful investment, tax and estate strategies to help ultra-high net worth families grow, preserve and protect their wealth across generations. Clients benefit from a dedicated team of advisors with expertise in the areas of investments, tax, philanthropy, credit and estate planning, who are focused on delivering a world-class client experience .
About Key Private Bank
Key Private Bank is a leading provider of wealth management solutions and advice for high net worth and ultra high net worth clients, including wealth advice, investment management, trust administration, personalized credit, family office and private banking services. Key’s wealth management platform combines the market knowledge of local advisors with a national team of wealth and investment strategists to provide proactive, personalized advice and expertise to clients. Advisors also leverage partnerships with Key’s corporate banking and capital markets teams to develop wealth management plans tailored to each client’s specific needs. Key Private Bank’s wealth management platform is available on 15 of the United States. Key Private Bank has $45.9 billion in AUM and $67.3 billion in AAU at June 30, 2022.
KeyCorp’s (NYSE: KEY) roots go back nearly 200 years to Albany, New York. Based at Cleveland, OhioKey is one of the nation’s largest banking financial services companies, with assets of approximately $187.0 billion at June 30, 2022. Key provides deposit, lending, cash management and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also offers a wide range of sophisticated corporate and investment banking products, such as M&A advisory, public and private debt and equity, syndications and derivatives to middle market companies in selected sectors around the world. United States under the trading name KeyBanc Capital Markets. For more information, visit https://www.key.com/. KeyBank is an FDIC member.